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Home Front: Politix
Chair of the Federal Reserve, Jerome Powell, said he won't step down if President-elect Trump asked him to
2024-11-08
[PUBLISH.TWITTER]

Related:
Jerome Powell 10/04/2024 US National Debt Grows by Record $347 Billion in Two Days
Jerome Powell 09/18/2024 Federal Reserve set to cut interest rates TODAY for the first time in more than four years: Questions remain over how big the move will be
Jerome Powell 08/22/2024 Backlash after 818,000 jobs in America 'vanish' from jobs report

Posted by:Fred

#10  Heck, raid his house at 3am with a fed swat team and haul his ass off to jail.
Posted by: Silentbrick   2024-11-08 21:19  

#9  You don't have a choice dickhead. He is your boss. If he says "Bye", you are gone. Otherwise you get frogmarched out.
Posted by: DarthVader   2024-11-08 17:35  

#8  Give him a red Swingline for Christmas.
Posted by: Super Hose   2024-11-08 12:43  

#7  Another irrelevant 25 bps cut…
Posted by: Skidmark   2024-11-08 10:48  

#6  ^ LOL
Posted by: Frank G   2024-11-08 10:39  

#5  The Messagers: the very idea of an unelected bureaucracy is a Trumpian mind sickness.

Powell: derrr deerrr deerrrp!

The Messagers: ....gawdammit.
Posted by: swksvolFF   2024-11-08 10:34  

#4  Article I, II, and III specify the organization of the national government. It can not be part of one of the branches and independent of it. You work for one or the other. Unless you have been granted Civil Service protection, in the Executive, you work for the President at his whim.

The Fed was founded to end the cycle of financial 'crashes' of the 19th Century. It's presided over one depression (probably more if you use the original metrics of the '30s) and several 'deep' recessions. It has failed it reason to exist. It has played politics in many of its considerations. It's just another corrupted institution (see - FBI, DoJ).
Posted by: Procopius2k   2024-11-08 07:17  

#3  "Everybody works for somebody."
Posted by: Besoeker   2024-11-08 06:54  

#2  Your Fired!.
Posted by: Dale   2024-11-08 05:39  

#1  Powell needs to understand that the only person in government that answers to no one in the supreme court. Powell has a boss, and it is republican led and when Trump says its time to go, they will act.
Posted by: 49 Pan   2024-11-08 05:00  

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